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Royal LePage
Royal LePage
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$2,499,900

Central Saanich BC, V8V 4X3

MLS® # 1009134

Property Information:

An exceptional investment in the heart of Brentwood Bay. This fully rebuilt, four-storey 8-unit apartment building offers a well-balanced suite mix: 5 one-bed units, 1 one bed + den, 1 two-bed + den, and 1 three-bedroom. Each unit is thoughtfully designed with modern finishes, efficient layouts, in-suite laundry and individual hydro meters—supporting ease of management and broad tenant appeal. Several units currently rented below market, presenting clear upside in future rental income. With updated building systems and low-maintenance construction, this turnkey property is well positioned for long-term, stable returns. Located just steps from groceries, dining, schools, parks, and the ocean, the walkable setting ensures consistently high occupancy and future appreciation. A prime opportunity to acquire a high-performing, income-producing asset in one of the Saanich Peninsula’s most vibrant communities.

Property Features:

  • Annual Tax Amount: $10,950
  • Building Features: Basement, Parking
  • Business Type: Accommodation
  • Construction Materials: Cement Fibre, Insulation All, Stone, Wood
  • Exterior Features: Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Low Maintenance Yard
  • Floor Space (approx): 6960 Square Feet
  • Flooring: Laminate, Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Lot Features: Easy Access
  • Lot Frontage: 9142 Square Feet
  • Lot Size: 9142.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Water Source: Municipal
  • Sewer:
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX Camosun

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Location of 1181 Stelly's Cross Rd, Central Saanich, BC, V8V 4X3

Demographic Information of 1181 Stelly's Cross Rd, Central Saanich, BC, V8V 4X3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$119,154.84

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.65 %

High school certificate or equivalent

30.08 %

Apprenticeship trade certificate/diploma

10.32 %

College/non-university certificate

21.52 %

University certificate (below bachelor)

0.91 %

University Degree

23.52 %

Commuter

Travel To Work

By Car

84.44 %

By Public Transit

6.62 %

By Walking

5.92 %

By Bicycle

1.62 %

By Other Methods

1.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.8 %

Houses

70.2 %

Own Vs. Rent

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